In order to help prevent identity fraud, businesses that provide goods and services on credit to the public are required to create Red Flag Rules. Red Flag Rules are a set of guidelines formulated to identify possible risks to customer information and to create guidelines and business practices to deal
Take Affirmative Action As a business leader much of your time is occupied by attracting new clients and building relationships.
Each Tax season we get asked “Can I Write It Off?” If you’re on an accrual basis (if you aren’t sure, ask your accountant), your outstanding receivables are considered income and you will be required to pay taxes regardless of whether you have been paid.
The aim in a New York Commercial Debt Collection Case is to get paid. If not settled or paid after serving the summons and complaint, the goal is to obtain judgment.